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ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Canopy Growth Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Canopy Growth Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action

New York, New York--(Newsfile Corp. - May 21, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Canopy Growth Corporation (NASDAQ: CGC) between May 30, 2024 and February 6, 2025, both dates inclusive (the 'Class Period'), of the important June 3, 2025 lead plaintiff deadline.
SO WHAT: If you purchased Canopy Growth securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Canopy Growth class action, go to https://rosenlegal.com/submit-form/?case_id=16092 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 3, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Canopy Growth had incurred significant costs producing Claybourne Co. ('Claybourne') pre-rolled joints in connection with the Claybourne product launch in Canada; (2) the foregoing costs, in addition to certain indirect costs that Canopy Growth incurred in connection with its Storz & Bickel vaporizer devices, were likely to have a significant negative impact on the Canopy Growth's gross margins and overall financial results; (3) accordingly, defendants had overstated the efficacy of Canopy Growth's cost reduction measures and the health of its gross margins while downplaying issues with the same; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Canopy Growth class action, go to https://rosenlegal.com/submit-form/?case_id=16092 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252883

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EBC Financial Group Launches Over a 100 U.S. ETF CFDs, Strengthening Diversification for Global Clients

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Small American Business Owners Are Sharing How Tariffs Are Affecting Them
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Buzz Feed

time24 minutes ago

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Small American Business Owners Are Sharing How Tariffs Are Affecting Them

When tariffs on Chinese goods spiked dramatically — peaking at over 100% in some cases before recent reductions — small business owners across America found themselves facing an impossible math problem. From toy designers to computer repair shops, countless entrepreneurs discovered that products they depend on — and that simply aren't made anywhere else — suddenly became prohibitively expensive. When u/toymakerinchina, a manufacturer of indoor playground equipment, asked how US small businesses were handling these dramatic tariff increases, the responses painted a sobering picture of an economy under strain: "Honestly, they're not able to cope. I know two people in separate small businesses in this situation who were running the numbers at 104% yesterday. They're already in a place with not-high margins. They also have to get their product out to distributors and on to end consumers, and there is a markup at each step. They're trying to increase direct-to-consumer sales to get a bit more efficient, but that's really hard. It's more likely they'll go bankrupt unless things get fixed fast. There aren't any American alternatives for the imported supply, and there won't be in the future. They're doomed to fail." "I have a computer repair shop. Literally everything computer-related is made in China, with few exceptions — Taiwan and Mexico, sometimes. New computers are about to get real expensive. This will either surge my business, in which case we'll just lower our margin on parts and maintain labor cost, or people are going to pay out the nose for new computers." "I've just had to place an order for $80,000 worth of equipment to be produced. Specialized gear only made in China. The budget was around $110,000 total. Now maybe $150,000. It will hurt if this level — or worse — is in place when it's ready to be shipped. It will take about three months to fabricate it all. I don't know if I have any way to mitigate this." "Our selling prices are going way up. Our sales volume will suffer because our poorest customers won't be able to afford our product. It's an item for people with disabilities. It's sad." "My sister designs plush toys and runs her own business. She's a small operation, but it's been her full-time gig for almost 10 years. On average, her orders are around 2,000 to 5,000 toys at a time. Her latest order was flat-out cancelled by the supplier. She's completely screwed. There simply isn't a viable alternative company that isn't based in China." "The previous steel and aluminum tariffs from the pandemic were rough. This is on another level. I don't think most people understand how screwed we are. Currently, my suppliers are trying to raise prices slowly. They're playing chicken with each other. They know they can't raise everything overnight, as they're also competing with other suppliers, and they still need to move product in order to maintain cash flow. I've been hoarding lots of inventory in preparation, but how long will it take to move that product if the economy is slow due to overall inflation? Our costs are just one aspect of being in business. If our customers are squeezed from every direction by tariffs on everything, then they don't have cash to purchase things from us. Then toss in some idiotic DOGE nonsense, where you eliminate millions of people from viable employment." "I'm about to close shop after doing it as my exclusive job for 10 years. It's screwed." "I have a $48,000 order that I placed two days ago just before the latest China tariff increase. Haven't paid the deposit yet, and now reassessing the move. Considering 1) reducing the order size just to not have such a large bill come due in two to three months and start seeking other suppliers in lower-tariffed countries or the US — although I would expect that even if we found a US manufacturer, the price would work out to be the same if not higher; 2) keep the order, but start adding a tariff fee to invoices now; 3) do nothing and hope the jerk in charge changes this move before the goods hit customs. We've already negotiated a lower price with our supplier, so not much else to be done there. We just raised our prices for the first time in three years to finally pass along some of the cost increases we've incurred in that time. It looked like we'd finally improve our margins over where they've been the last few years. And now this." "My family runs a restaurant. If our prices for takeout containers and other small disposables skyrocket, we're going to put some behind a price instead of giving them out for free. 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Yesterday, my company laid off the entire team except for the founder, who is still trying to pivot and find yet another workable solution in hopes he can bring us all back before we find other, more permanent placements." "I have a couple retail stores, and I've received calls from multiple wholesale companies saying many items will get 20% to 50% price increases. This was before China's retaliatory tariff increase. I just won't stock any items that have increased by 50%, other than extreme cases. Any items that I continue to stock will get price increases slower than how much they got increased by tariffs. It's so that customers won't notice the sudden sharp increase in price and leave my business with a sour taste. I will eventually increase it to match the same profit margin in the end, but I will do it slowly, even if it eats away my profit in the short term, to stay competitive. If this tariff war continues, I would assume many retail stores in my industry, maybe even I, won't be able to stay afloat and will go out of business. My hope is that I can outlast the competition while this tariff craze is going on. I just hope I don't have to let go of my employees." "The tariffs pose a huge threat to my business. I have an art business in the US, and I print my artwork on various art and stationery products. All of my stationery is manufactured in either Canada or China. I also print on various specialty papers that are only manufactured outside of the US. I have done some preparation by buying a year's worth of supplies to continue printing some of my own products, but I will have to discontinue many of my items for the foreseeable future. I am a small business and can't afford to buy products at such high markups. If these tariffs last long, I will be forced to close my business. I am already preparing by looking for a part-time job to supplement the loss of income this will be for me. Plus, my customer base is not wealthy people. Even if I had the savings to afford 104% tariffs, my customers would not." "Many of my materials are imported because US manufacturers charge almost 90% more for a similar sheet of material. So now my competitors and I will have to pay more for the product. Then we will mark it up the same percentage. $50 with a 100% markup meant I sold it for $100, and the company earned $50. Now it's $75 per sheet, and I mark it up to $150, and the company makes $75. We're more profitable. Sure, we may lose a few sales here or there because people can no longer afford to buy a sign for their business or housing development, but during COVID when scarcity drove prices up, we never ended up in a worse position, so I doubt we will here since people need our products, just as I'm sure people need your products." Are you a small business owner dealing with the impact of tariffs, or do you have thoughts on how these policies are affecting the economy? Whether you've witnessed these challenges firsthand, have ideas for solutions, or simply want to share your perspective on what this means for American businesses, drop your thoughts in the comments — or anonymous form — below. Note: Responses have been edited for length/clarity.

Bulls load up on Asian currencies as trade uncertainty knocks dollar: Reuters poll
Bulls load up on Asian currencies as trade uncertainty knocks dollar: Reuters poll

Yahoo

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Bulls load up on Asian currencies as trade uncertainty knocks dollar: Reuters poll

By John Biju (Reuters) -Bullish bets firmed up on most Asian currencies as the lack of clarity on a U.S.-China trade agreement kept the dollar on the back foot, a Reuters poll showed on Thursday. Long positions in the Taiwan dollar touched their highest since December 2020, while bullish bets on the South Korean won were the strongest in nearly two-and-a-half years, according to the poll of 10 respondents. Bullish bets on the Chinese yuan too edged up and were at their highest since October. Markets were focused all week on trade negotiations between delegates from the U.S. and China, which culminated in a framework agreement that covered tariff rates, secured the removal of Chinese export restrictions on rare earth minerals, and allowed Chinese students to access U.S. universities. While the agreement restored a delicate truce between the sparring countries, it left markets yearning for details on how the deals would be implemented. The dollar index has weakened more than 9% this year and is expected to decline further in the coming months, benefiting Asian currencies. "In an environment where we are looking for the U.S. economy to slow, the Fed to cut and a Trump administration pursuing various protectionist measures, cyclical factors and structural factors are aligned to keep the USD on a downtrend," said Fiona Lim, senior FX strategist at Maybank. The South Korean won has risen more than 8%, rallying sharply after the election of liberal party candidate Lee Jae-myung as president earlier this month. Lee took office after riding a wave of anger over a brief martial law imposed by his predecessor and on promises of devising an emergency package to address stagnating economic growth and aid households. Long positions in the Taiwan dollar spiked, with much of the currency's 10% surge this year coming in last month. The currency carried its positive momentum into June from May, when it had appreciated more than 6% on speculation that the island nation would allow appreciation of the currency to smooth trade relations with Washington - a notion that Taiwanese authorities had vigorously denied. On the other hand, poll participants were less upbeat about the Singapore dollar and the Philippine peso where long positions were trimmed slightly. The trend flipped only for the Indian rupee with bets turning marginally bearish for the first time in two months after the country's central bank delivered a larger than expected 50-basis-point cut on Friday. The Asian currency positioning poll is focused on what analysts and fund managers believe are the current market positions in nine Asian emerging market currencies: the Chinese yuan, South Korean won, Singapore dollar, Indonesian rupiah, Taiwan dollar, Indian rupee, Philippine peso, Malaysian ringgit and the Thai baht. The poll uses estimates of net long or short positions on a scale of minus 3 to plus 3. A score of plus 3 indicates the market is significantly long U.S. dollars. The figures include positions held through non-deliverable forwards (NDFs). The survey findings are provided below (positions in U.S. dollar versus each currency): DATE USD/CNY USD/KRW USD/SGD USD/IDR USD/TWD USD/INR USD/MYR USD/PHP USD/THB 12-Jun-25 -0.78 -1.37 -1.24 -0.60 -1.58 0.03 -1.25 -0.93 -1.24 29-May-25 -0.67 -1.20 -1.34 -0.32 -1.50 -0.08 -1.04 -1.19 -1.14 15-May-25 0.00 -0.22 -0.54 0.70 -1.01 -0.19 -0.15 -0.68 -0.45 01-May-25 0.20 -0.06 -0.67 1.27 -0.53 -0.58 -0.40 -1.02 -0.61 17-Apr-25 0.57 0.19 -0.26 1.33 0.06 -0.20 0.04 -0.65 -0.30 03-Apr-25 0.47 1.13 0.54 1.20 1.14 0.01 0.33 -0.15 0.40 20-Mar-25 0.24 0.72 0.15 0.97 0.85 1.09 0.42 -0.13 0.08 06-Mar-25 0.77 1.00 0.34 1.36 0.71 1.47 0.45 0.20 0.48 20-Feb-25 0.88 0.83 0.31 1.06 0.59 1.22 0.37 0.31 0.02 06-Feb-25 1.15 1.01 0.86 1.25 1.14 1.98 0.62 0.93 0.23 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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